Potential Alternative Buyers/Competitor Research

Conducting a buyer and competitor analysis is a robust strategy that calls for researching substantial competitors to gain insight into their products, sales, marketing tactics, strengths, and weaknesses. The analysis is encouraged as it ensures one learns the ins and outs of how one’s competition works while identifying potential opportunities where one can perform them. Carrying out competitor analysis also helps a company keep track of their competitors by allowing them to stay relevant in the upcoming marketplace. The analysis is also crucial as it allows an organization to collect and analyze information from multiple organizations within a similar industry. In so doing, the Organization can outline various strategies to keep it afloat and as a potential competitor when an opportunity arise. Similarly, conducting a competitive organizational analysis helps business managers tailor their schemes and draft contingency plans in case of a failed acquisition or merger. Therefore, this research aims at identifying alternative scenarios and drafting a contingency plan that will help in acquisition analysis and help in identifying alternative buyers in the event the current buyers back out. The research will identify and research the top three organizations majoring in medicine and pharmaceuticals that are viable for life science organizations in the Midwest.

North American Industry Classification System (NAICS) code for the Organization

Most life sciences companies have varying specialties but major in medicines and pharmaceuticals. It is important for the business team selected to assess potential buyers to examine a specific industry that aligns with the life science organization or otherwise attracts wrong competitors and potential buyers in case of mergers and acquisitions. In this case, the North American Industry Classification System (NAICS) code is instituted to assist business managers, and research teams in concentrating their specific and targeted marketing strategies on organizations in identical industries. This act helps ease their ability to identify the appropriate industry or Organization and potential buyers that would attract a successful acquisition process.

Life science organization in Midwest particularly deals with producing cancer treatment drugs. Therefore, the correct NAICS code is 325412, which is the most suitable when searching for organizations in similar industries. The code entails companies with specialties in pharmaceutical preparations and in-vivo diagnostic substances intended for external and internal intakes. According to the code, the pharmaceutical substance is in various forms, including suspensions, solutions, capsules, ointments, tablets, powders, and ampoules. In addition, using the NAICS code will help one filter companies based on what they produce and the industry category each fall. As a result, the code facilitates the research team to come up with several prospective buyers in a similar industry as the life science organization in Midwest.

Top Competitors in the NAICS Code 325412

The pharmaceutical preparation manufacturing sector comprises several companies that provide and improve consumer-based medicine for quality healthcare services. The code identified three companies: Johnson and Johnson (J &J), GlaxoSmithKline Holdings, and Novartis Pharmaceuticals Corp.

Company’s Name Description
Johnson & Johnson (J&J) It is one of the world’s largest and broad healthcare based company committed to improve access and affordability, promote a healthier community around the world. The company promote shape and defined well-being that seek to offer quality healthcare services in the consumer health, medical devices, pharmaceuticals and vision. Since its foundation over 130 years ago the organization has developed new ideas and pharmaceutical products that have transformed human healthcare.

Strategic vision: Believing in quality healthcare for every individual. The company thrives to improve adequate and affordable, institute healthier community, and connect people in living better through world-class innovations and patient management.

Primary products and services: Manufactures healthcare products and provides related services for the consumer,, pharmaceutical, and medical device markets such as first aid and medication supplies.

Overall market share: As of financial first quarter of 2022, the company had a 7.53% in overall market share.

Compound annual growth rate (CAGR): 5.5% for the past five years.

Novartis Pharmaceuticals Corp. Strategic vision: To become a trusted organization and leader in transforming lives of people in the medical practice. The company seek to challenge medical paradigms to explore more possibilities of curing diseases. As a leading global medical organization, the company uses innovative science and digital technological advancement in creating transformative treatment in the field of medical need.

Primary products and services: innovative medicines, biosimilar and generic pharmaceuticals, precision imaging and radio ligand therapy products.

Overall market share: 5.44%

CAGR: 1.2% for the past 5 years.

GlaxoSmithKline Holdings Strategic vision: To make a difference in the lives of millions every day through following of its core values that consider consumer as the most valuable asset.

Primary products and services: consumer health products, including Augmentin, Amoxicillin, Boostrix, Engerix B, Menitorix, Menveo, and Besero. It also provides consumers with oral health, pain relief, cold, flue and allergy vitamins, minerals and supplements.

Overall market share: 5%

CAGR: 9.48%


Criteria Used for Selecting Competitors

The selection of the potential competitor required several criteria. Industry classification was the first criteria. Conducting the competitor analysis helped identify and classify comparable companies and prospective buyers. Conducting research on an organizational operations field assists the analyst in recognizing similar companies. Moreover, organizations with similar capital structures and operating functions are easily comparable. For example, it is easy to identify business aspects’ deficits by comparing them in a table. In so doing, the criteria helped filter the organizations from the rest and pinpoint the three potential buyers.

It is also important to consider the organizational growth rate while detecting potential buyers or competitors. Organizations with higher growth rates are prospective in improving their growth. Such companies are known to be deploying technological advancements to boost their performance. Improved growth rate indicates improved operations towards attaining the organizational strategic vision. Therefore, an organization with a higher growth rate attracts potential buyers willing to invest in such companies by utilizing the acquisition rights of the organization.

Similarly, organizational profitability in terms of overall market share and compound annual growth rate (CAGR) proves companies’ ability to be prospective buyers or competitors of the life science organization. A company high higher overall profitability has the potential to propel life science organizations to their aspired levels. The profitability aspect indicates the organization’s ability, workforce, and valuation skills that seek to enhance competitive advantage in the market. According to Hadi (2018), a high-profit margin is a fundamental aspect of attracting investors. As a research team member to identify a potential buyer, I will ensure that all the criteria are considered through this competitor analysis research.

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Employee Attrition Analysis

Workers’ attrition is an inevitable practice for any organization. Employee attrition is castigated by voluntary and involuntary reasons that make the workforce leave the company. Employee attrition in Life Science organizations is evident after the size of the employees decreases over time due to voluntary or involuntary reasons. The practice affects the organization negatively as the workforce leaving the organization is higher than hiring. Employee attrition includes resignation, absconding worker work after leave, leaves or death in the Life Science Organization. According to the organization’s data, 51 employees have undergone employee attrition in the last six years. As a result, the organization’s management should assess the employee attrition issue and institute amicable solutions to address it. In addressing the employee attrition issue, the Life Science Organisation needs to work on employee retention strategies to curb the attrition.

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“A Small, Good Thing,” and” Good People” 

Different literacy texts vary considerably in their topics, themes, stylistic devices, and characters, among other literacy elements. What makes a literacy piece unique from others is widely influenced by various aspects of the story. Although literacy texts are amazing, some literacy may demonstrate some similarities. “A Small, Good Thing,” by Raymond Carver, and  ” Good People”  by David Foster Wallace, short stories vary considerably in terms of the content of the story, the characters, stylistic devices, and the plots of the stories. However, Carver and Wallace’s short stories share some common literacy elements.   Primarily,   the theme of separation, division, and isolation is a common theme in Carver’s and Wallace’s short stories.

The theme of division, separation, and isolation is evident in Carver’s and Wallace’s stories, as demonstrated by the various characters and events in the story. First, the two texts’ division, separation, and isolation vary considerably. Division, separation, and isolation take different forms, such as physical, social, and emotional. In ” A Small, Good Thing,” physical separation occurs during several events. First, when Scotty leaves for school, he is separated from his parents, Ann Weiss and Howard Weiss. Scotty’s separation is the first form of physical separation that seems temporal; however, due to the accident, the separation becomes permanent. Scotty is also separated from his friend when the accident happens. His friend proceeds to school while Scotty returns home. Scotty also separates physically from his parents and friend when he finally dies.

Additionally, Franklin is divided, separated, and isolated from his family when they keep waiting for his news in the hospital. He eventually dies, leading to a permanent separation and his isolation from the family. For example, when the time comes for Ann to leave the hospital, she cries, “No, no,” she says. “I can’t leave him here, no”. The themes of division, separation, and isolation elicit pain and suffering in the characters as Ann and Howard. Simultaneously, Franklin’s family experiences the same pain and suffering after losing their child. Franklin and Scotty are permanently divided and separated from their families and isolated from the living through their death.

Physical division, separation, and isolation are also featured in Baker’s life. The Baker in ” A small, Good thing” is separated from the outside world as he spends quality time alone in the bakery. This makes him lonely and anti-social. This is evident when Ann tries to initiate a conversation when making his son’s 8th birthday cake, but the Baer remains cold and is defined being melancholic. The Baker is also physically divided and separated from Ann when he tries to reach her for the cake picking. Still, after several calls, the phone went unanswered, and in the event that it was answered, the receiver seemed unaware of anything regarding Scotty’s cake.  The physical division between the Baker and Wallace depicts the role of effective communication as a unifying factor.

The Beaker is not only physically divided, separated, and isolated but also suffers social isolation. In a conversation with Wallace, the reader is made aware that Baker is a lonely man as he has no children. He is socially isolated and divided from his family. He lacks children of his own, which explains his high level of loneliness and anti-social behavior. The author describes him as not being jolly and only speaking with Ann about what was necessary. The short story indicates, “The baker was not jolly”  and continues to suggest that “She gave up trying to make friends with him” when the author refers to Ann’s plan of initiating a conversation between her and the Baker. His cold attitude and behavior push people such as Ann away, making him more socially isolated. Despite Ann starting a conversation with the Baker,  she cut it shortly after realizing that the Baker was gloomy and disinterested.

Similarly, division, separation, and isolation are also evident in  “Good People”. The ” Good People” is a short story about a young couple struggling to make an informed decision regarding an unwanted pregnancy. Lane Dean and Sheri Fisher are young and have different views regarding their pregnancy, bringing about psychological, social, religious, and emotional division, separation, and isolation. First, Lane Dean and Sheri Fisher are uncertain regarding marinating the pregnancy, which would bring about a permanent unity between Fisher and the unborn child, and terminating the fetus, which would, on the other hand, lead to permanent division. Abortion would separate, divide and isolate the unborn child from Fisher and Lean Dean, the potential parents. Additionally, aborting the unborn child would bring about the separation of the child f from the living as they will be eliminated.

Fisher and Dean are also divided on their opinion regarding the pregnancy. Dean is worried about his reputation as a  religious person with a child outside wedlock and thinks in favor of abortion. On the other hand, Fisher is worried about her pregnancy though she is not ready for the abortion. As Dean states, “was trying to say things that would get her to open and say enough back that he could see her and read her heart and know what to say to her enough back that he could see her and read her heart and know what to say to her to go through it”. Dean is psychologically separated from his girlfriend as he is sure he wants an abortion. However, his girlfriend seems uncertain about it. The variations between Dean and Fisher’s opinions on matters of aborting the unborn child bring about the tension between the two lovers, which in turn creates social and psychological division, separation, and isolation.

Division in the “Good People” is not only between individuals but also within a character. Dean is greatly divided between his religion, which cautions against sex before marriage, and abortion, which is against religious teaching. He is divided within himself and uncertain of what is a right or wrong choice. Dean imagines himself waving mechanically to an object that seems to diminish as it moves away from him like a train. The mechanic waving demonstrates Dean’s division and separation from something he desperately desired to get rid of. He also describes himself as being “two-hearted, a hypocrite”.

To some extent, he feels he is acting like a hypocrite while he wishes for an abortion to protect his reputation. He was divided regarding his religious teachings and assuming the role of a father, which was also against his morals. In this case, Dean is a tone between protecting his love relationship with Fisher and abandoning his relationship with Jesus Christ. The division, separation, and isolation within Dean bring about confusion in his life-limiting him from making an informed decision regarding the His pregnancy with Fisher. Wallace also compares division, separation, and isolation in history to frozenness. Dean’s relationship with God is associated with frozenness and a “terrible and of blackness”. This is what Dean feels after learning that Fisher is pregnant. He also describes himself as two armies facing each other, indicating that they are motionless. This symbolically defines Dean’s feelings and level of division, separation, and isolation within himself and how he relates with God.

In the short stories “A Small, Good Thing”, and  “Good People,” the theme of division, separation, and isolation dominates the plots of the stories. The author has utilized the theme differently, bringing about significant elements of the stories, including the character, character traits, and plot, as well as building on other essential themes such as the theme of communication and relationship. Division, separation, and isolation are different forms in the short stories, ranging from physical, social, emotional, and psychological. Although the theme is featured in both texts, the authors utilize different approaches in shaping it to bring the desired outcome to the audience. Division, separation, and isolation are key themes in the  “A Small, Good Thing”, and  ” Good People” short stories.

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Types of errors in statistics.

Type I and type 11 errors

Statistics has provided a venue for people to defend theories that were previously regarded as assumptions. However, even for statistics, the conclusion reached is not always 100 % correct. Why? Statistics cannot provide 100 percent confidence due to type I and type II errors. A hypothesis is a theory being tested. There are two types of hypotheses null and alternative hypotheses. If the theory is true, we reject the null hypothesis, but if it isn’t, we accept it.

Because of chance, there is always a possibility of reaching an incorrect conclusion in statistics, even if the correct procedure was used. Type One error occurs when a researcher rejects a null hypothesis when it is actually correct. Alpha which in most cases 0.5 represents the probability of making a type one error. The alpha value means that a theory being investigated would happen in a normal situation, but because of chance or a factor that rarely occurs the theory will fail or is incorrect. You correct a type one error by reducing the p-value; however, this would cause a type two error.

A type two error is when a researcher fails to reject the null hypothesis when it is actually false; a false negative. The researcher’s results indicate that there is no significant effect when it actually exists. Beta represents the probability of making a type two error. Beta is related to power, to avoid a type to error the test needs sufficient power. Sufficient power is when the sample size or effect size is large enough to run the test or decent a significant effect when it truly exists. When you reduce power, you increase the probability of committing a type II error, when you decrease power you increase the change of making a type I error.

Imagine a researcher investigating a drug and finding it is 95% effective. However, the drug is used on a patient with a rare condition and ends up not working because of a rare condition that the researchers did not consider in the investigation; this is a type one error. To correct the mistake, the researchers increase the rare condition cases (disregarding the condition is rare); and found no significant effect to prove the drug works, a type II error. The drug works, but to a 95% level, we can never rule out chance; therefore, we always have to accept a type 1 error.

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ASHA’s 2020 changes in clinical supervision

American Speech-Language-Hearing Association (ASHA) is a nation-leading scientific organization with professionals for speech-language pathologists and speech-related scientists. It has acted as the administrator for the Speech-language pathologist profession since 1926 and initiated the development of national standards for the SLP profession. SLPs are communication experts that work with the community regardless of age to treat communication and swallowing problems. SLPAs are SLP’s assist in doing the same. These problems include how we say sounds-intonations, how we put them together, and speech sounds. They are responsible for the evaluation and treatment of speech and language impediments. Clinical Fellowship (CF) is to enable Clinical Fellow to transit between being a student in communication sciences and disorders and being an independent provider of speech-language pathology clinical services.

The SLP is responsible for adjusting communication styles and expectations concerning their clients’ needs from different cultural groups. For providing relevant information to families and staff about first language influences on communication development and second language-related skills, developing an understanding of family dynamics about a cultural perspective to meet surrounding intake and communication scenarios surrounding practices in addressing communication, and engaging in continued education on culturally related and diverse linguistic backgrounds.

Relevant improvements to ASHA’s set standards on SLP are necessary to counter the continuous emergence and development of literacy levels and standards improvement to ensure the quality, reliability, and safety of services.

The 2014 standards advised its applicants to have physics and chemistry knowledge but not compulsory, as the 2020 standards made it a must requirement to know physics and chemistry.

The applicants were to demonstrate their knowledge of communication and swallowing disorder differences, an appropriate set of causes, and culturally linguistic-related developments. ASHA revised the related applicant requirement concerning these demonstrations to present the current pattern of practices and give relevant guidance to the knowledge of relevant areas. For example, They expanded the 2014 articulation to speech sound production, phonology, accent modification, motor planning, and execution. The changes included the broader view of pragmatics, which explains language use and social aspects of communication. Swallowing in the same category incorporates feeding and orofacial myology structure and functions.

The new language promoted the SPLs to have worked with different professionals working together with patients’ communities and each other in health care delivery. 2020 added new language dictates that the SLP should have clinical experience with interprofessional education and collective practices, improving their student skills and knowledge in a comprehensively large service delivery structure.

Concerning clinical observations, the changes stated in 2020 explain and give their examples. The 2020 standards show the importance of video recording with CCC-SPL clinical educators, where the student is debriefed as they hold discussions on the particular video. The method is significant in bringing a relationship between the clinical observers and educators to enable them to have a variety of disorders to improve their inference possibilities in the actual field.

The new implementation language dictates how to count clinical clock hours on practicum assignments. It states how to calculate the time spent in the session (direct contact). ASHA also explains the impossibility of rounding up the spent time to the nearest 15-minute intervals.

325 to 400 were the initial clock hours required for the practicum students should attain, but the changes described that the same clinical practicum hours must be supervised. The changes also define that the practicum hours were after the student’s enrollment into the graduate program.

The new standards described the additional requirements for the applicant’s supervisors. The changes stated that the supervisors should have attained a nine-month full-time clinical experience and a two-hour professional development in clinical supervision with ASHA certification.

The new implementation language widens the clinical educators’ qualifications stated above. The changes strengthen the fact that the supervisors must be present on-site and counts clinical earned stimulation of asynchronous supervision. The initial language scraped off after the change stated that direct supervision must measure the student’s capabilities and experiences in terms of knowledge and skills. It also explains that the total student client contact is more than 25% and sufficient overseeing concerning the patient’s welfare.

The new implementation language provides additional qualifications for CF mentors. Clinical Fellow is to receive evaluations and supervision from CF mentors who have also had a nine-month full-time clinical experience with two-hour professional development education in clinical supervision after the CCC-SLP award. The observations should be real-time to enable the mentor to clinical Fellow consultation during service provision. They should provide direct supervision on-site and in-person to cater to the patients’ welfare.

The new implementation languages have policies and procedures that govern the Clinical Fellows and the CF mentors to use the alternative supervisory mechanism.

In line with certification maintenance, the new implementation language requires at least a single maintenance certification hour for each interval in ethics.

Generally, the changes mainly involve additions to the stated initial standards. The ASHA changes are expansions of the initial standards or improvements of requirements concerning better service provisions and patient/client welfare.

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Literary Analysis of “A Small, Good Thing”

Literacy texts utilize numerous techniques in shaping the various elements of a story. The numerous techniques must work harmoniously to bring out the intended message, influencing the audience’s emotions which lead to the success of a story. A Small Good Thing is a short story by Raymond Carver that utilizes numerous techniques to bring out their desired themes, plots, and character traits. The story utilizes imagery, narrative, and dialogue as the fundamental techniques in developing the characters, plots, and essential themes of the story, such as connection, helplessness, loss, conflict, communication, loneliness as well as isolation.

Carver uses imagery throughout the story for various purposes. First, the author uses an imagery approach to shape the traits of the major and minor characters such as Baker, Ann Weiss, and Scotty. The Baker is introduced as an older man, approximately 55 years, and he is described as a man who is not happy. Carver uses imagery to provide more information about Baker. The Baker is described as gloomy and only exchanged necessary information with Ann Weiss. In the text, the author indicates, “The baker was not jolly”. The description of the Baker in the form of imagery allows the reader to understand better and visualize the Baker’s traits.

Imagery has also been utilized to reveal some essential traits of Weiss. Imagery in the first and second paragraphs reveals some basic information about Weiss stating that she was 33 years old, a mother to Scotty, and social as she tried to initiate a conversation with the Baker, but she gave up. As the text states, “She gave up trying to make friends with him” this stamen reveals information about Weiss’s social traits. The narration in the first paragraph also reveals some information about Scotty, indicating that he loved chocolate and his age. The story highlights that Scotty was to turn eight years on that particular Monday.

The imagery technique has not only revealed the traits of Weiss, Scotty, and the Baker but also aided in revealing some details about Howard and his life. For example, the reader is made to understand that Howard has had a smooth life without many challenges as the author states that “Until now, his life had gone smoothly and to his satisfaction-college, marriage, another year of college for the advanced degree in business, a junior partnership in an investment firm”. The statement illustrates how Howard has progressed in his life, and the text further indicates that he knew that he was happy.

The imagery technique has also been utilized to develop tension in the story. For example, after Weiss comments to the nurse that she needs to see the doctor, the audience is left to feel the anxiety and tension that Scotty’s parents are suffering from when Dr. Francis examines Scotty. For instance, the text indicates, “Let’s first see how he’s doing, the doctor said. He moved to the side of the bed and took the boy’s pulse. He peeled back one eyelid and then the other. Howard and Ann stood beside the doctor and watched…”. The strategic choice of words and sequence of events increases the anxiety and tension of the reader as they wonder what the doctor would say next.

Carver also employs the use of narrative in his short story. A narrative has been used to describe the various events in the story. First, the narrative is employed to inform the audience about the accident. According to Carver, Scotty was with his friend, who was headed to school when the accident happened. The narrative, in this case, offers the audience additional information that allows them to understand the story better. In the same description, the author indicates how Scotty and his friend reacted after the accident. For example, the audience is made to understand that Scotty’s friend dropped his potato scrips, started crying, and proceeded to school while, on the other hand, Scotty remained quiet and walked back home. The additional information allows the audience to comprehend the story better and link the different events in the story. For example, it is not left for the audience to assume or wonder what happened after the accident for  Scotty and his friend, such as did they go to school, were taken to the hospital, or were left there. The narrative also aids the audience in having a clear picture of the accident event, which further aids in comprehension.

The narrative approach plays a significant role in shaping the story’s title. The story’s title is revealed through a story that tells the occurrence of events when Weiss and Howard visited the Baker in the middle of the night. Weiss was angry at the Baker during the visit, who she found a nuisance. When the Baker finally recognizes Weiss as Scotty’s mother, he lets them in, after which Weiss and her husband tell the Baker that they had just lost their son. They shared coffee and some cinnamon rolls, and during the sharing, the Baker said’ Eating is A Small, Good Thing in a time like this”, which shapes the story’s title. Therefore, the narrative is an essential element of the genre that aids in shaping the plot and characters and giving additional information that aids in better comprehension of the story.

Dialogue is a literary technique that has been utilized in the story and plays essential roles, such as breaking the monotony of narration. For example, the dialogue between Baker and Howard breaks the monotony of the narrative from the story’s beginning to when Howard gets in the house after spending some time in the hospital. Additionally, the dialogue between Weiss and Franklin’s parents also aids in breaking the monotony of Scotty’s. The dialogue reveals the story of Franklin, who had been stabbed, and the parents were waiting in the same way that Scotty’s parents were waiting for the doctor’s comments. Here, the dialogue also aids in lengthening the story as it creates a story within a story.

Dialogue has also been utilized in shaping the mood and emotions of the story. The ability of the audience to feel what the author intends has been achieved through dialogue. For example, when Scotty comes home after the accident, Weiss speaks to him, saying, “Scotty, honey, are you sure you feel all right, baby?”. The statement reveals Weiss’s concerns and her worries which also makes the audience worry and sympathize with her. When Weiss is distraught that her son will be suffering from comer, the doctor reassures her emotions by telling her that “it’s not a coma yet, not exactly,” the doctor said. “I wouldn’t want to call it a coma. Not yet,”, this statement is a form of reassurance and hope to Scotty’s parents and the audience.

Another instance when the audience’s emotions are manipulated is when the doctor tells Weiss, “You try not to worry, little mother. Believe me, we’re doing all that can be done…”. Here the doctor also reassures and reaffirms that the boy will be fine, changing the reader’s mood and emotions. The author also manipulates the audience’s emotions through dialogue when Weiss tries to leave the hospital after learning that their son is dead, but she finds it hard. In the dialogue, Weiss states, “No, no,” she said. “I can’t leave him here, no”; this attracts a feeling of sadness among the audience.

Dialogue also aids in revealing important information about the characters of the story. For example, in “A Small, a Good Thing,” the telephone dialogue between Baker and Howard reveals some rude and arrogant straits. For example, when the phone rings and Howard pick it up and after the conversation states that he does not understand anything about a cake, Baker answers him by telling him, “Don’t hand me that”,  yet,  Howard is not aware of any cake arrangement. Also, when Baker calls Howard and Weiss after leaving the hospital, Weiss refers to the Baker as “bastard! ” the dialogue, in this case, demonstrates the rude and arrogant nature of the Weiss.

Numerous techniques are utilized in shaping a story; however, in the A Small, Good Thing story, dialogue and description are the most utilized techniques that aid in shaping the plot, themes, and characters. Descriptions are utilized to describe the different events in the story, which provides more information about the story, which in turn aids in comprehension, reveals adequate information about the characters, and also shapes the audience’s imagination and anxiety. Dialogue, on the other hand, has been utilized to break the monotony of the story, reveal information about the characters, and shape the audience’s emotions. In this regard, description and dialogue are essential techniques in A Small, Good Thing.

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Coaching and Mentoring Skills for Success 

In the 21st century, coaching and mentoring are essential as they equip the individual with the required skills to provide a worthwhile facet of life and society. Although the two practices strongly advocate for learning, it is challenging to master a comfortable and highly effective coaching style and implement it to strategically improve organizational and individual performance. In definition, mentoring and coaching are largely misinterpreted to be similar despite their differences. Despite this fact, mentoring and coaching are associated with rewards in all areas, from professional to philanthropic. For example, coaching and mentoring employees in an organization make them more valuable to the firm by enhancing their personal and professional skills. Most coaching sessions are facilitated by a coach who puts control squarely in the hands of the member. The coach offers committed expertise and brings insight and a growth mindset. As a result, the client earns value from the exercise. Both personal and organizational coaching provides a wide range of positive impacts on individual career and organizational skills. Coaching is linked with two significant models which comprehensively adhere to the success of the exercise. GROW, and 3-Phase coaching models are key models that serve as a roadmap for the coaches and their clients. The models seek to add value to the client and help attain the desired end goal of improving the client’s personal and professional skills and abilities. Coaching adds value to the clients by enhancing one’s ability to achieve goals, increasing their level of engagement, providing a safe place to gain perspective, building personal awareness, deepening learning, and supporting one in improving their specific skills.

Mentoring and Coaching

Mentoring and coaching are pertinent practices that help improve human development. In most case scenarios, sports personalities, successful businesses, students, and families are linked to coaching or mentoring figures. Coaching and mentoring practices play a significant role in fully self-actualizing one’s potential. Coaching is the process of learning and development, which is offered to improve individual performance. Coaching schemes are necessary to enhance a thorough understanding of knowledge, skills, and styles suitable for the context of the exercises. Coaching practice has designated and specified periods and embraces a non-directive form of development in its endeavors. Coaching is often confused with training, although both have distinctive differences. For instance, training is more focused on individual learning, training, and provision of new knowledge and skills and is structured by the trainer. Thus, coaching is a practice that instills confidence and ability in the learner. On the other hand, mentoring supports the development of less skilled and experienced in the context setup. Therefore, a mentor is tasked with the ability to provide knowledge, expertise, and advice to beginners. In so doing, the mentor guides the mentee in the right direction, leading to better efficiency across the organization. Mentoring process is an exercise that helps the mentees in improving their skills and managing their career. The program mainly relies on situational goals and context. Thus, mentoring and coaching have different meanings despite the confusion among most people.

Models to Coaching

Coaching exercise is a highly personalized intervention supported through two main models; GROW coaching model and the 3-stage model. The GROW model was introduced in 1992, which stands for four phases: Goals, Reality, Options, and Will. According to the GROW model, coaching is achieved through attaining goals (G), reality (R), options (0), and will (W). The model is the most easily used and accommodative for those new to coaching. Using the model requires the client to go through the stages. In the first stage, the coach helps the client visualize the future by helping them express their desired goals. The stage also involves exploring and refining the expected outcome to help achieve aspired goals. After defining what the client and the coach want to achieve, the model invites the client to see their current state. The stage also calls for brainstorming, and the coach should use the stage to assist the client in developing a truly honest and comprehensive current state. This exercise helps in broadening the client’s thinking. Option as the third stage is important in bridging the gap between the client’s current state and desired future. The clients should contribute viable options to achieving desired goals. In the final stage, the model seeks to refine the options by instituting specific steps to achieving the expected goals. The coach is also tasked with helping the client obtain real clarity over what is expected of the client in the future. Thus, GROW coaching model is ideal for practicing as it provides a simple mechanism to attain coaching objectives.

The 3-stage coaching model is also a popular and holistic model which creates awareness and integration and culminates in fulfillment. The model commences by creating the client’s attention, and the coach finds the client’s core motivating factors, which help lay the foundation. Like in the GROW model, the coach integrates the client’s current situation into the future through integration. In this stage, the coach and client explore and suggest necessary resources to help the client move from their current state to their aspired state. The stage also comprises brainstorming to acquire clarity of purpose and inspired action. As a result, the client can engage and align their hearts, mind, body, energy, and spirit to the future. In the third phase, the coach helps the client bridge the gap in their expectation and assist the client in fulfilling their fulfillment.

Coaching value to Client

First, coaching brings value to the client as it acts as a roadmap to establish and act towards achieving the goals. Exercising is vital as it offers an individual a chance to define career goals more realistically. The presence of a coach helps an individual in setting goals and actively working towards accomplishing them. Thus, coaching increase the likelihood of attaining goals. Through coaching, one builds skill sets and personal and professional behavior. The coaching exercise helps an individual record their progress, similar to the coaching records of progress. In so doing, the client’s value is realized through various checkpoints instituted by the coach. The coaching program’s success ascertains the client’s value by assisting one in establishing and acting toward the achievement of goals.

Coaching also facilitates the client in building their value by increasing their level of engagement. The practice entails unique one-on-one feedback and encouragement from the coach, who improves an individual’s level of engagement in the formal or informal sector. For example, in a workplace environment, coaching practices engage the client in contributing more effectively, thereby improving their value to the team and organization. Through coaching, the client improves their retention rates as the exercise ensures an individual is productive. Clients under coaching are more likely to perform to their optimal levels upon coaching. As an objective of coaching, the exercise helps the clients achieve higher levels of performance in their personal and professional lives. Coaching is valuable to clients as it is a direct investment to develop professional individuals with a high leverage impact on their environment. Higher performance is a ripple effect of coaching on personal and professional levels. Therefore, coaching is an ideal practice to increase an individual’s value through increasing their level of engagement and performance.

Similarly, coaching improves one’s awareness and fulfillment, which adds value to one’s life on a personal and professional level. For instance, during coaching practices, a coach gives the client ideas on improving their skills and abilities. More importantly, the coach points out key areas for the client to work on and offers guidance on improving their personality. As one measure to gauge success, coaching ensure that the client attains fulfillment and purpose. According to a recent article, most successful people and professionals associate their success with fulfillment in their endeavors. Likewise, working with a coach helps the client connect with their purpose and develop a meaningful fulfillment. Through a cohesive relationship, the coach and the client can develop a suitable mechanism to improve the client’s awareness which is vital in adding value to the client. In most cases, a coach assists the client in building their awareness by establishing personality assessments administered and results recorded using a coaching manual form or software. Hence, coaching exercise impacts value to the client through assisting one in discovering their awareness and fulfillment professionally and personally.

Coaching is also a practice that impacts clients through a change of mindset and behavior. Coaching practices change the client’s way of thinking and nourishing abilities. For instance, coaching is a support scheme that improves one’s skills to be of optimal value to their personality and career. The practice significantly focuses on and emphasizes working towards a specific goal that seeks to change and improve one’s efficiency. Some of the skills that coaching adds value to a client include enhanced communication, delegation, team building, and conflict management skills. In the 21st century, coaching software has ensured the exercises are productive. It helps monitor the client’s change and improvement towards the stipulated goals and objectives individually and professionally. In so doing, the coach helps the client build mindset, muscles, and adaptive behaviors towards constructive change to be more productive. The exercise fosters the growth of mindset as the coach can identify and eliminate the barriers, unlocking new areas of learning and self-discovery. Following the rapid advancement of technology, the client needs to have technical knowledge of change and improvement to be of value to their environment. Through coaching, clients’ value is enhanced through mastery of the adaptive skills, and their ability to effectively change makes them valuable.

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The Genealogy of Computers

Interestingly, computers continue to change across the whole world. They shape how objects are designed, the data that human beings get, and the people we meet and do business with. Every wave of new computational technology leads to new systems, tools, and even data formation. The computer has progressed since 1930, and the first one was referred to as Z1. In 1960, computers progressed from public use to personal use. In 1980, Apple presented its first computer, Macintosh, and has been in the computer industry with laptops and tablets.

The first programmable computers and mathematical robots like the ENIAC were introduced in 1930 to 1960. Konrad Zuse created the first machine in 1936. He assembled metal plates and old film in his invention and made the machine that made addition and subtraction easy. The ENIAC was invented by John Mauchly and J.presper Eckert between 1943 and 1946. The machine is well recognized because it established modern electronic computation. It also displayed high-speed digital computing that was attained using vacuum tube technology. The two machines displayed much progress that helped make work easier during that time. From the 1950s to 1960, computers have made significant progress in scientific and engineering research, and also the first desktop was sold to the average customer. The JOHNNIAC computer was invented in 1954 and was utilized for engineering calculations. Some of the machines were the elapsed hour meter panel, JOHNNIAC user console, and the maintenance console. The machines had more than two tons with more than 5000 vacuum tubes. The computer operated for 13 years and was dismantled later. The evolution of computers was inevitable and improved every time.

In 1965, there was the invention of the new desktop computer used by the public until today. In the 1970s, the Xerox alto was made as a personal computer to print documents and send an email. The machine was the first system to contain all the contemporary graphic user interface components. However, it was used for large-scale operations and not for personal use. Later, the computer failed because of a lack of the proper commercial aspect. Then, another computer was introduced named Macintosh, which changed the computer industry. It contained a mouse, keyboard, and also a tiny 9-inch screen. Later, the IMac G3 was invented by Jony I’ve. The machine was the first product produced under Job’s second apple tenure. It is the only one that has a round, egg-shaped chassis. In addition, IMac 3 is the first computer to offer USB ports that connects devices to it.

To date, laptops have become popular, and almost everyone uses them to make life less complicated. MacBook Air was thin and did not have a CD drive, and only had a UDB port and a headphone jack. The machine had 0.76 inches thick and changed the industry forever. The most excellent innovative computers are the tables containing simple touchscreens without a keyboard or a mouse. Even though people have started to decline in the sale of tablets, there is still a big market for products. The sale of computers also has other models like iPhones, MacBook, iMac, and Dell XPS. It is evident that computers have evolved to the best and have played a massive role in the life of human beings.

In summary, the history of computers began in 1930 and has evolved since that time. In the 19th century, the computer solved complex mathematical challenges. Advanced technology has enabled computers to become large and more powerful. After introducing personal laptops, they have become more common and are widely used by society to perform various tasks. Students use computers in the scientific and research industry to improve their skills. The market for products like iPhones and Mac book has continued to increase, becoming a source of income for many people.

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Legal Issues, Ethical Consideration, and Risk Management in Planning

Patients are usually in the hands of the nurse in a healthcare setup. Nurses have a responsibility to take care of patients with the knowledge that they are essential. In addition, they have a significant responsibility of bringing a unique set of legal and ethical values to their professionalism. In cases where nurses fail to follow the ethical considerations of patients, legal actions are taken. Nurses also have a responsibility to manage risks to take care of patients.

The legal, ethical, and risk management are related whereby the legal processes are used in assessing the ethical issues in nursing. Nurses can be reprimanded or denied their licenses if they fail to follow the Nurse Practice Act. They can be held legally liable if they are in acts of negligence, breaching a patient’s confidentiality, and malpractices. The main principles of ethics include beneficence, justice, autonomy, and non-maleficence. Nurses have a responsibility to treat nurses with compassion and respect. They should also promote, advocate and promote the rights and safety of patients. A nurse also has the role of collaborating with other professionals to protect the rights of human beings. For instance, family members might want to maintain privacy about sick patients’ medical information to protect their emotions. However, the patients have a right to know about their medical conditions. Nurses can have a hard time deciding what to do in such a situation. Risk management is related to ethical and nursing considerations whereby risk management policies ensure that the right system and safety checks are put into place to ensure quality standards in patients. Nurses should ensure that they treat patients with care to avoid unnecessary damage in the health care sector.

Human error cannot be avoided, and it is unpredictable and unintentional. Nurses have the role of conducting the root cause analysis and preventing any harm. Ethical values are essential for all healthcare workers. Nurses should balance advocating for the rights and delivering patient care. To avoid legal constraints, they should also refrain from maltreatment, reduce harm and promote the good toward patients.

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Presentation on Starting a Healthcare Business

The lack of adequate healthcare is detrimental in Louisiana. To begin with, I would explain to the group of investors of the area map, which illustrate how it is underserved. Federal Trade Commission (FTC), areas with unequal healthcare services to their population have severe health and safety consequences (Federal Trade Commission. To venture into concierge medical services, I would effectively prepare my presentation and avoid any general remarks but stick to the venture’s specifics. Some of the areas that would stand out include my estimated financial and operational results regarding metrics that matter to the investors. The venture will be valuable to the community as it will meet the community’s healthcare needs.

I will also ensure the investors realize that I am effective in the healthcare services needed to run the business. I will present my qualifications, having worked as a hospital supervisor and in community-based home care. I am familiar with and have worked directly with the Centers for Medicare and Medicaid. Marketing the initiative will also play a key role in convincing the group of investors and the government. To do so, will market it through professional networking, creating meetings with business developers and the public to convince them of the need to support the initiative.

I intend to invite their support at the last phase of the practice, thus indicating the attainability of my venture. To convince the investors to support my idea, I will explain and provide tangible information on metrics of spending resources from investors. For example, I will need legal representation, an accounting firm, medical practice startup consultant, federal, state, and local tax identification codes, and an employment agreement and practitioner’s compensation model. The facility will also require furniture and hospital equipment. I will also need a startup budget that will come mainly from public avenues such as the U.S. government. The federal government allocates funds through grants, loans, or contracts when individuals or communities propose projects to address a societal issue.

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